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    SRF declines 0.8% as Sensex slides

    Synopsis

    The stock traded at a P/E multiple of 28.51, while the price-to-book value ratio stood at 9.3.

    stock-market-2---gettyGetty Images
    India 10-year bond yield fell 0.41 per cent to 5.89 after trading in 5.87-5.91 range
    Shares of SRF Ltd. traded at Rs 2120.75 on BSE at 01:11PM (IST) on Friday, down 0.8 per cent from previous close.

    The stock quoted a 52-week low price of Rs 2002.5 and a high of Rs 2864.35.

    Earlier, the stock saw a gap up opening in the morning.

    A total of 8,301 lakh shares changed hands on the counter till 01:11PM (IST).

    The stock of SRF Ltd. commanded a market value of Rs 62723.49 crore, according to BSE.

    The stock traded at a price-to-earning (P/E) multiple of 28.51, while the price-to-book value ratio stood at 9.3. Return on equity (ROE) was at 22.05 per cent, according to exchange data.

    In the BSE500 pack, 205 stocks traded in the green, while 296 stocks were in the red.

    The stock's beta value, which measures volatility in relation to the broader market, stood at 1.24.

    Promotor/FII Holding
    Promoters held 50.73 per cent in SRF Ltd. as of 31-Dec-2022 while foreign and domestic institutional investors owned 19.21 per cent and 9.18 per cent, respectively.

    Moving averages
    The 200-DMA of the stock stood at 2398.44 on January 20, while the 50-DMA was at 2296.98. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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